India - A Lot Of Pain For No Gain
"It's Corruption On Steroids" - A Look Inside The El Monte, California Public Employee Pension
Sunday Humor - 2017 Wall Street Year End Price Targets
How Hedge Funds Closed Out 2016, And Why Hopes For A 2017 Rebound May Disappoint
Turkey's "Long Arm" In Europe
The High Life: Vandal Changes "HOLLYWOOD" Sign To "HOLLYWeeD"
For The First Time Since World War II, No US Carriers Are Deployed Anywhere In The World
Bitcoin Soars Above $1000 In China
5 Blood-Boiling Cases Of Government Overreach
Cologne Police Screen Hundreds Of North Africans, As Migrants Storm Spanish Enclave In Africa
Flight Of Russian Diplomats Expelled From US Is Now On Its Way To Moscow
Manhunt Underway For Gunman Who Killed 39 At Istanbul Nightclub
Washington Post Caught Spreading More Fake News About "Russian Hackers"
Former Lifelong Democrat Admits "Obama Is A Failed President"
Prepping and freeze-dried food are synonymous with one another. For
years, the freeze-dried food industry have profited heavily on families
wanting to get their pantries emergency ready. But is it worth all the
hype and money?There are many who wonder if the investment into this long-term food source is the right one for them and have asked questions like: Can you really survive the apocalypse with freeze-dried food? How long is the shelf-life when the #10 can is opened? Are these foods nutritionally complete? What other options are there for long-term food storage?
Read More
Scientists
in South Korea have reportedly made a breakthrough toward harnessing an
unlimited source of safe and clean energy via nuclear fusion.The Korean Superconducting Tokamak Advanced Research (KSTAR) reactor apparently set a world’s record recently by holding superheated plasma in a steady state for 70 seconds.
If implemented into widespread use, the nuclear fusion process — which is an alternative to nuclear fission and the radioactive waste that accompanies it — could revolutionize the energy delivery system by among other things also presumably eliminating reliance on fossil fuels and all the geopolitical, economic, environmental, and social ramifications that go with it.
Read More
by Paul Joseph Watson, InfoWars:
Supposed retaliation measure is not actually happening.
CNN, one of the media outfits that regularly complains about “fake news,” ran a fake news story of its own when it claimed that Russia was closing an Anglo-American school in Moscow as retaliation for President Obama’s sanctions.
“Russian authorities ordered the closure of the Anglo-American School of Moscow, a US official briefed on the matter said. The order from the Russian government closes the school, which serves children of US, British and Canadian embassy personnel, to US and foreign nationals,” reported CNN.
Read More
Supposed retaliation measure is not actually happening.CNN, one of the media outfits that regularly complains about “fake news,” ran a fake news story of its own when it claimed that Russia was closing an Anglo-American school in Moscow as retaliation for President Obama’s sanctions.
“Russian authorities ordered the closure of the Anglo-American School of Moscow, a US official briefed on the matter said. The order from the Russian government closes the school, which serves children of US, British and Canadian embassy personnel, to US and foreign nationals,” reported CNN.
Read More
by Mike Gleason, Money Metals:
Later in today’s program Dr. Chris Martenson joins me. And he’ll tell
you why the central planners DON’T want you to own gold – and issues a
chilling warning to those who are caught unprepared before the next
major financial crisis. Be sure to stick around for a tremendous
interview with Chris Martenson, coming up after this week’s market
update.
Well in this final podcast for 2016, we’ll review the year that was in precious metals markets and look ahead to the year that might be in 2017.
Gold and silver each got off to a rip-roaring start this past year, posting stellar gains through the first half of the 2016 – only to give back much of those gains in the second half. Gold entered January trading at around $1,060 per ounce. Prices got as high as $1,380 in the summer. But it was all downhill in the fall.
Click HERE to Listen
Later in today’s program Dr. Chris Martenson joins me. And he’ll tell
you why the central planners DON’T want you to own gold – and issues a
chilling warning to those who are caught unprepared before the next
major financial crisis. Be sure to stick around for a tremendous
interview with Chris Martenson, coming up after this week’s market
update.Well in this final podcast for 2016, we’ll review the year that was in precious metals markets and look ahead to the year that might be in 2017.
Gold and silver each got off to a rip-roaring start this past year, posting stellar gains through the first half of the 2016 – only to give back much of those gains in the second half. Gold entered January trading at around $1,060 per ounce. Prices got as high as $1,380 in the summer. But it was all downhill in the fall.
Click HERE to Listen
by Jim Hoft, The Gateway Pundit:
More Obama humiliation–
Russia’s envoy to the UN, Vitaly Churkin, told reporters Russia hopes to involve Donald Trump in future Syrian peace talks.
Vitaly Churkin: We do expect that the Trump administration after it comes into the White House on January 20 will be an important participant.
President Obama was left out of peace talks in Syria in December that came up with a ceasefire agreement.
Read More
More Obama humiliation–Russia’s envoy to the UN, Vitaly Churkin, told reporters Russia hopes to involve Donald Trump in future Syrian peace talks.
Vitaly Churkin: We do expect that the Trump administration after it comes into the White House on January 20 will be an important participant.
President Obama was left out of peace talks in Syria in December that came up with a ceasefire agreement.
Read More
by Chris Martenson, Peak Prosperity:
The new era of adjustment has only just begun
A big, gigantic, heart-felt Thank You! to everyone who supported this website and our activities in 2016!
Really. Thank you.
We did a lot of great things in 2016 in terms of reaching new audiences and extending our message into new places.
While I am constantly driven to do more, and achieve more, this is a great time of the year to look back and ask how we did. It bears repeating that Adam and I are a two man shop, with awesome direct support from Jeanine Dargis and Les Pierce (Saxplayer00o1) with the Daily Digest, Jason Wiskerchen on content loading, and a different Jason as moderator. All in all a very small team given what we accomplish, our global reach, and the sheer variety of things that we also accomplish that are largely out-of-sight (and out-of-mind) for most people.
Read More
The new era of adjustment has only just begunA big, gigantic, heart-felt Thank You! to everyone who supported this website and our activities in 2016!
Really. Thank you.
We did a lot of great things in 2016 in terms of reaching new audiences and extending our message into new places.
While I am constantly driven to do more, and achieve more, this is a great time of the year to look back and ask how we did. It bears repeating that Adam and I are a two man shop, with awesome direct support from Jeanine Dargis and Les Pierce (Saxplayer00o1) with the Daily Digest, Jason Wiskerchen on content loading, and a different Jason as moderator. All in all a very small team given what we accomplish, our global reach, and the sheer variety of things that we also accomplish that are largely out-of-sight (and out-of-mind) for most people.
Read More
by Bill Holter, JS Mineset:
While I had not planned on writing until next week, current events
warrant commentary. This past week has been an absolute embarrassment
for the U.S. The actions taken by Mr. Obama are unprecedented for any
outgoing president. Thousands of pages of executive orders, land grabs,
multiple accusations against Russia and of course throwing Russian
diplomats out and the placing of new sanctions.
It is crystal clear Obama is trying his best to sabotage Mr. Trump’s presidency, whether he starts World War III in the process is the obvious danger. The next three weeks may be the most dangerous three weeks in our planet’s history as the “launch codes” are in the hands of someone obviously not thinking correctly. Most all of the hurdles and traps being laid by Obama can be corrected, altered or abolished. I would imagine the easiest way to do this would be to investigate and prove that Obama is not a natural born citizen and thus never eligible to sit in the office of U.S. President. If this avenue is pursued (I truly hope it will be), anything signed by Obama’s pen would then be null and void. The ramifications could be far reaching and include all sorts of appointments including federal judges.
Read More
While I had not planned on writing until next week, current events
warrant commentary. This past week has been an absolute embarrassment
for the U.S. The actions taken by Mr. Obama are unprecedented for any
outgoing president. Thousands of pages of executive orders, land grabs,
multiple accusations against Russia and of course throwing Russian
diplomats out and the placing of new sanctions.It is crystal clear Obama is trying his best to sabotage Mr. Trump’s presidency, whether he starts World War III in the process is the obvious danger. The next three weeks may be the most dangerous three weeks in our planet’s history as the “launch codes” are in the hands of someone obviously not thinking correctly. Most all of the hurdles and traps being laid by Obama can be corrected, altered or abolished. I would imagine the easiest way to do this would be to investigate and prove that Obama is not a natural born citizen and thus never eligible to sit in the office of U.S. President. If this avenue is pursued (I truly hope it will be), anything signed by Obama’s pen would then be null and void. The ramifications could be far reaching and include all sorts of appointments including federal judges.
Read More
from Sprott Money:
Craig Hemke & Eric Sprott – Eric Sprott discusses the year in gold and silver and looks ahead to an exciting 2017.
Click HERE to Listen
Craig Hemke & Eric Sprott – Eric Sprott discusses the year in gold and silver and looks ahead to an exciting 2017.Click HERE to Listen
While I had not planned on writing until next week, current events warrant commentary. This past week has been an absolute embarrassment for the U.S. The actions taken by Mr. Obama are unprecedented for any outgoing president. Thousands of pages of executive orders, land grabs, multiple accusations against Russia and of course throwing Russian diplomats out and the placing of new sanctions.
It is crystal clear Obama is trying his best to sabotage Mr. Trump’s presidency, whether he starts World War III in the process is the obvious danger. The next three weeks may be the most dangerous three weeks in our planet’s history as the “launch codes” are in the hands of someone obviously not thinking correctly. Most all of the hurdles and traps being laid by Obama can be corrected, altered or abolished. I would imagine the easiest way to do this would be to investigate and prove that Obama is not a natural born citizen and thus never eligible to sit in the office of U.S. President. If this avenue is pursued (I truly hope it will be), anything signed by Obama’s pen would then be null and void. The ramifications could be far reaching and include all sorts of appointments including federal judges.
The one draconian act which cannot be reversed as I see it is the UN vote recognizing Palestinian land. The U.S. did not veto the vote which every previous president has done. I do not see a remedy for this as the vote was 14-0 with the U.S. abstaining and not using our veto power. This vote truly looks like it was brokered by Mr. Obama, one of his few well thought out dangerous acts. The situation with Israel and the Middle East will now be altered permanently unless I am missing something?
The question of whether Mr. Trump is a Trojan horse or not should be answered almost immediately after the inauguration. I personally believe (and truly hope) Mr. Trump is real and does care about the United States as a nation. One area I am skeptical of is Congress. It is not clear to me whether or not both houses will do what the American people put them in office to do. It is very possible the republicans try to obstruct Mr. Trump’s nationalist/populist policy with their own bought and paid for globalist policy. It is 100% clear to me the takedown of the U.S. (from within) has been the plan for many years. I do not believe Mr. Trump was any part of “the plan” but we will soon find out.
We may even find out on January 6th as Congress counts the electoral votes. They do have a Constitutional avenue to still rebuff the vote and make their own choice. I do not believe this will be done as riots will follow with Congressman hanging from lampposts across the nation. Rather, I do believe it’s a good possibility the republican Congress will be obstructionist in subtle if not outward ways.
Folks, do not let your guard down. The next three weeks are certainly scary, any number of false flags could be unleashed. At least the previous efforts to spread bogus news have not worked as the evidence has not existed and the American people (for the most part) have seen through it. These are unprecedented times in every fashion, the “normal” we as Americans used to know will unfortunately never return during our lifetimes. Stay focused, whether you know it or not yet, we are at war!
Standing watch,
Bill Holter
Holter-Sinclair collaboration
Comments welcome bholter@hotmail.com
Then in the middle of the year, equities rebounded, interest rates started to rise while the gold and silver rallies were contained. Interestingly, the mining shares which were at one point in May, up 150% ytd, are still up roughly 50% but have been crushed anew. The second half and in particular the last quarter has seen interest rates all over the globe begin to rise fiercely. I believe this is THE most important event of 2016, the end of a 35 year bull market in “credit”!
As we end the year, there is nearly no “RISK premium” anywhere to be found. In fact, the mainstream explanation for higher rates is the “reflation” trade, I disagree. I believe the higher interest rates are a function of liquidity tightness. The old debt/growth leading to more debt/more growth circle has been broken because “debt saturation” levels have been reached. The central banks are stuck as they have cornered too much collateral and are now being forced to look at other markets (including equities) to onload to their balance sheets. Risk premium serves a very important purpose in “pricing” assets. Central banks have tried to negate this concept and have only created a scenario of “premium” nowhere and “risk” everywhere. In a world with more debt and the worst debt ratios ever, risk is unaccounted for.
2016 also saw the rise of the populist movement. We saw it in Britain, the U.S. and then Italy. Globalism is in the process of being rebuked and will again be tested in France and Germany next year. The movement has clearly gained traction as the globalist policies have not and are not working. People can “feel” this and see it with their own eyes.
2016 may have been the tipping point, 2017 could very well be the year the tipping point is widely known and understood. The French and German elections are slated, the validity of the “European Union” stands in the balance. It will be quite interesting to see, should the EU begin to unravel what will happen with the ECB? Who guarantees the ECB and what happens with their giant balance sheet? Of course, the same questions need to be asked about the euro itself and how sovereign currencies will be reintroduced?
“Truth” was also a key topic in 2016 thanks to WikiLeaks. Globalist propaganda “truth” versus the actual truth has come out into the open and become a battleground. In fact, several nations are trying to “legislate” truth, the latest being Obama Quietly Signs The “Countering Disinformation And Propaganda Act” Into Law. This is obviously quite dangerous and sews the seeds of potential conflict. The last quarter of 2016 saw some extremely interesting “truths” come out. Some that we certainly already knew, some we could not even imagine. What was interesting, nothing WikiLeaks put forth was denied, only their “methods” and thus the shots fired at messengers only.
It is hoped 2017 will be different and President elect does “drain the swamp”. Many do not believe this will happen. Many are either scared stiffless into their snowflake shelters while many others believe him to be a Trojan horse set in place to continue the pillaging. I personally do not believe this, we will find out shortly after his arrival. Either Mr. Trump is real or he is not. If he is not, what we have lived with over the last many years will continue into a lawless hyperinflation. It is with the assumption that Mr. Trump is real and truly a patriot that I will look at 2017.
First, I believe we will see some clues almost immediately as to whether Mr. Trump is real or not. Who will he nominate to replace Justice Scalia? Will he negate the many ridiculous (unconstitutional) executive orders? How will Jeff Sessions proceed? These are just a few questions but correct answers I believe will suffice to at least knowing the direction we are headed.
Maybe the following is wishful thinking, maybe not but I do believe 2017 has the potential to be the year of the truth bombs (plural)! Interest rates have already risen and will begin to expose the over leveraged in a fashion often described by Warren Buffett as the “tide going out”. We already see signs of this with various cities (Detroit, Chicago, Dallas), various states (Illinois, California, Puerto Rico), and even on a federal level. Higher rates will undermine bond values and thus pension/retirement funds. This is an ugly truth that will affect the general population and cannot be ignored.
The “rule of law” is another area. No one was prosecuted after the 2008 debacle, will Wall St. finally be held accountable? Will crooks go to jail or will it be smoothed over with monetary fines? What about these firms who have already paid fines, will they be successfully sued in civil courts? Will trustees be held accountable as pension plans/benefits fail? What about election fraud? Will there be investigations into cities who returned more votes for Hillary than were cast in total? Will the Podesta e-mails be investigated for Clinton foundation tax fraud amongst other misdoings? What about the pedophilia information, will this be a string they pull on or does it get a pass? Banking is obviously another topic, how are the “insolvents” handled? Will bail ins prevail in 2017 as per new legislation?
These are all tough questions and by no means totally inclusive as fraud prevails throughout every nook and cranny. It is my belief we will see early on this coming year as to the “mechanics”. One thought process to explore and likely in my opinion is a plan exists to dump it all on Mr. Trump. In other words and as Jim has asked, “will the machine even operate for him or do they just shut down and let the roof cave in”?
Thinking this through, if the Trump administration does actually pull on a few threads, do they unravel the whole system? If they don’t pull on various threads, will the “machine” (ESF) actually function for Trump? I guess it boils down to whether or not he is “one of them”. As stated, I do not believe he is “paid for” so it will be game over one way or another. Either the administration digs under the wrong rock or the fuse is lit before he even takes office.
I have written and offered proof that we are past the point of no return financially. The collapse is already carved in stone, higher rates will expedite the process. The question as I saw the election is whether we would deal with the coming financial, economic and social ramifications under a true rule of law or not. I suspect we will end 2017 “knowing” many things as “fact” that we only know in our gut now. In fact, if I was asked advice for Mr. Trump, I would advise he contact John Williams and go to the American people with his findings.
If Mr. Trump was smart (and gave no fear for his life), he would go to the American people with “benchmark” revisions going back some 30 or more years. Yes, the entire system will come down (as it will anyway) on his watch but coming clean is the best way to do it. Show true inflation, growth and unemployment numbers …during each previous administration and where we are truly now! This would be one heck of a truth bomb but the easiest way to avoid blame AND clear the slate to go forward.
To finish, yes there was much speculation and even “hope” in this writing. But one thing is for sure, we will one way or another see more “truth” than we have for many years. The truth will come because as Ricky used to tell Lucy, “you got a lot of ‘splaining to do”!
The conditions now exist that the “old truth” cannot be stretched any further, recent elections are proof the common man is no longer being fooled. Whether they be internal, external, international, financial, economic, social and of course criminal, truths of all sorts will most likely circle the globe like a flock of black swans in 2017!
That will do it for the remainder of the week unless something big comes up and needs commentary. We wish you a safe, healthy, happy and prosperous New Year!
Bill and Jim
/
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/gold/t24_au_en_usoz_2.gif)
![[Most Recent Quotes from www.kitco.com]](http://www.kitconet.com/charts/metals/silver/t24_ag_en_usoz_2.gif)
No comments:
Post a Comment